Markets on Edge Bitcoin Steady, Eyes on U.S. Jobs Data 🇺🇸 📈 📉
Bitcoin is holding strong near $97,000, as a traders brace for today U.S. Non-Farm Employment Change report a key signal for economic health and Fed policy.
🤔 Why it matters:
Stronger-than-expected job growth could spark fears of interest rate hikes, pressuring crypto and risk assets. On the other hand, weaker job numbers may fuel hopes for rate cuts, likely pushing Bitcoin and Ethereum higher.
💡what you should do:
Stay Light: Avoid heavy leverage until after the data release.
Watch $96K (BTC) : Key support levels to monitor.
Prepare Breakout Orders: Set alerts above $97.5K (BTC) for potential upside if the data is soft.
Stablecoin Strategy: Consider partial stablecoin allocation to re-enter lower if the market dips on strong jobs data.
🔊 Bottom Line:
Today jobs data could spark high volatility. Patience and precision are key wait for confirmation before taking major positions.
